Gosh... only have a tiny screen to read all those posts... will wait when in front of a real computer. That’s my « day off » today, I am bringing some older kids to the village market. That’s weird reading post like this while experiencing real poverty with real people around.

Up to chapter 5 now. Very technical and a bit hard going unless you know the terminology. The chapter on China was excellent and well worth a stand alone read actually. The stuff about the twin towers is all believable too. I am pressing on...

(2018-06-12, 11:09 AM)BobBobert Wrote: Up to chapter 5 now. Very technical and a bit hard going unless you know the terminology. The chapter on China was excellent and well worth a stand alone read actually. The stuff about the twin towers is all believable too. I am pressing on...

(2018-06-12, 11:09 AM)BobBobert Wrote: Up to chapter 5 now. Very technical and a bit hard going unless you know the terminology. The chapter on China was excellent and well worth a stand alone read actually. The stuff about the twin towers is all believable too. I am pressing on...

It is a good read, hard going at times and not easy for those with little technical economic knowledge. There are some bits that get repeated (which actually helped me) but may be annoying to those who understand the first time!

China chapter was great, the German chapter was good. The book was written in 2011 and should really be updated since 6+ years have gone by. I think if I had read this book in 2011 then I would have expected more to have happened by now. There is very little indeed about crypto and I think a chapter on it would be a worthwhile addition by now. Bitcoin basically gets a paragraph, with no detail and nothing none of us does not know.

His ideal portfolio at 2011 is "On the whole, a portfolio of 20 percent gold, 20 percent land, 10 percent fine art, 20 percent alternative funds, and 30 percent cash should offer an optimal combination of wealth preservation under conditions of inflation, deflation, and social unrest, while providing high risk-adjusted returns and reasonable liquidity. "

I think that this would have changed considerably by now with crypto included in it. Anyway, if you have time, read it, there are bits that can be skipped but it is thought provoking and interesting too!

The Federal Reserve is bankrupt. People must understand what is going on. There is no lack of solutions. There is also no lack of money. What is lacking is the popular political will of the people to use the power given to us. All governments are corrupt, stupid, or deliberately stupid. Politics is so filthy it is not worth the time for anyone who has a brain to pay attention to it. People with a soul return to take charge of the management and governance of their nation. Central banks are a horrible evil. They are in the business to destroy the people for their own profits. Do not attempt to repair or change the system, create a new system that will replace it. Do not waste time on the government, because they're leaving anyway.

The video is sadly pure quality and the guy in the video is talking as a very angry man. Not saying he is wrong but not many will watch that video and think more about it. He need a homepage with a name and much more exposure if that message is to reach the masses.